France’s 2023 budget deficit to ‘significantly’ miss 4.9% target, Le Maire says PARIS: France will miss its target of reducing the 2023 budget deficit to the equivalent to 4.9% of its gross... Published 06 Mar, 2024 02:05pm
Editorials Self-assessment of performance EDITORIAL: The Caretaker cabinet expressed satisfaction at the steps taken during its tenure that was 14 weeks more... Published 05 Mar, 2024 03:09am
BR Research Fiscal update: H1-FY24 The Finance ministry has released its Monthly Economic Update, which gives a snapshot of the performance of the... Updated 01 Mar, 2024 11:06am
Business & Finance Turkiye GDP grew 4.5% in 2023 on strong demand; slowdown coming ISTANBUL: Turkiye economy grew 4.5% last year and 4.0% in the fourth quarter, data showed on Thursday, beating... Published 29 Feb, 2024 01:48pm
Opinion FDI: challenges and the way forward An essential component of a robust and open economic system, Foreign Direct Investment (FDI) serves as a crucial... Published 26 Feb, 2024 05:07am
Business & Finance Thai Q4 GDP quarterly contraction firms case for rate cut BANGKOK: Thailand’s economy unexpectedly contracted in the fourth quarter of 2023 from the third, adding to pressure... Published 19 Feb, 2024 10:56am
Business & Finance No change to Japan 2023 growth forecast despite weak GDP: IMF WASHINGTON: The International Monetary Fund said on Thursday its 2023 economic growth forecast for Japan remained... Published 16 Feb, 2024 10:35am
Business & Finance Easy house financing urged for middle-income groups Karachi: Builders and developers have urged the upcoming government and the State Bank of Pakistan (SBP) to ... Published 16 Feb, 2024 06:02am
Markets Dollar pauses as traders digest Fed comments; yen steady despite GDP surprise TOKYO: The US dollar held below a three-month high on Thursday, as market players tried to gauge when the Federal... Published 15 Feb, 2024 09:46am
World IMF's Georgieva says she's confident on global economic outlook despite uncertainties DUBAI: The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was... Updated 11 Feb, 2024 02:08pm
Business & Finance India’s central bank leaves rates unchanged, sees GDP growth at 7% in 2024-25 MUMBAI: India’s key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as... Published 08 Feb, 2024 10:36am
Business & Finance Indonesia 2023 GDP growth slows to 5.1% JAKARTA: Indonesia’s annual economic growth fell slightly, but remained solid at 5.05% last year, as exports... Published 05 Feb, 2024 11:00am
World India’s Modi likely to lay out modest economic manifesto in pre-election budget NEW DELHI: Indian Prime Minister Narendra Modi’s government will present its final budget on Thursday before... Published 01 Feb, 2024 11:54am
Print IMF revises Pakistan’s GDP growth projection downward ISLAMABAD: The International Monetary Fund (IMF) has revised GDP growth rate projection downward for Pakistan by 0.5... Updated 31 Jan, 2024 10:25am
Opinion Rising poverty The incidence of poverty has skyrocketed in Pakistan since the Covid-19 pandemic and the disastrous floods of 2022.... Updated 30 Jan, 2024 05:29am
Supplements Artificial Intelligence as a Force Multiplier in Customs and Global Trade Sania Rasool Bhutto, (Assistant Collector, Pakistan Customs Service) Artificial Intelligence (AI) has emerged as a... Published 27 Jan, 2024 06:20am
Opinion Post-general election economic outlook Elections will hopefully be held in the next two weeks. They are taking place at a time when the economy continues ... Published 23 Jan, 2024 05:14am
World Dubai’s GDP grew by 3.3% in first nine months of 2023 RIYADH: Dubai’s gross domestic product grew 3.3% between January and September 2023, according to data released by... Published 21 Jan, 2024 05:15pm
Print IMF revises deficit upward to 7.7pc of GDP ISLAMABAD: The International Monetary Fund (IMF) has upward revised the budget deficit (excluding grants) to 7.7... Updated 21 Jan, 2024 09:34am
Business & Finance Growth rebounds in positive trajectory following reforms: Shamshad KARACHI: Caretaker Finance Minister Dr Shamshad Akhtar on Saturday said despite challenges there has been... Published 21 Jan, 2024 03:10am
Markets Pakistan economy to grow by 2-2.5% this year, says Dr Shamshad Agriculture sector expected to grow by 5.6%, says caretaker minister Updated 20 Jan, 2024 08:00pm
Perspectives Solving the ‘current account deficit’ problem Pakistan’s current account deficit (CAD) reduced to 1.2% of GDP in FY23 and it is expected to remain at a similar... Published 18 Jan, 2024 09:30am
Business & Finance Israel’s budget deficit to rise to 6.6%/GDP in 2024 due to Hamas war OCCUPIED JERUSALEM: Israel’s budget deficit ceiling is expected to rise to 6.6% of gross domestic product in 2024... Published 14 Jan, 2024 05:27pm
Business & Finance Global economy ‘resilient’ but growing too slowly: IMF WASHINGTON: Global economic growth will remain “resilient” this year after a stronger-than-expected 2023, the... Published 13 Jan, 2024 05:38am
Opinion Global economic outlook 2024 By unlocking big, bold investments, we can drive sustainable development and climate action and put the global... Published 12 Jan, 2024 03:06am
Print Ex-IMF official pinpoints ‘increasing risks’ Says sustained failure of tax reforms for over 30 years led to decline in tax-to-GDP ratio Updated 12 Jan, 2024 11:05am
Business & Finance Boost investment to avert ‘decade of wasted opportunity’: World Bank WASHINGTON: The global economy is on track for a woeful decade of growth unless policymakers can boost investment ... Published 10 Jan, 2024 05:22am
Opinion Pakistan’s energy use: high inefficiency and distorted consumption Energy is pivotal for growth, yet Pakistan’s situation is grim. Despite possessing abundant resources, its energy... Published 08 Jan, 2024 05:23am
Markets UN projects 2% growth in Pakistan in 2024 However, growth in South Asia is projected to remain robust at 5.2% in 2024 Updated 06 Jan, 2024 09:47pm
Opinion Planning a non-austerity, pro-growth IMF programme In its April 2023 flagship World Economic Outlook (WEO) report, the International Monetary Fund (IMF) pointed out... Published 05 Jan, 2024 03:12am
